Different types of wages are paid for different jobs that include commission for some sales positions. Other types of wages include minimum wage, fair wage, subsistence wage, and living wage.
What liability account would hold the balance of wages due but not yet paid Wage Expense Prepaid Wages or Wages Payable?
Wages Payable Payable accounts holds amount owned but not yet paid.
Asked in Definitions, The Difference Between
What are the differences between wages and salaries?
wages are paid weekly and salaries are paid monthly. remember (w)ages= (w)eeks. ...
Asked in Medical Insurance, Workers Compensation
How long do you have to be off work before workmans comp will start paying for your lost wages?
You have to be off work at least two weeks before workman's comp will kick in and you will be paid for your wages. Different policies have different amounts of time and different situations are different as well. ...
Which liability account would hold the balance of wages due but not yet paid?
Wages payable account is shown under liability section for those wages which are due but not yet paid ...
Asked in Salary and Pay Rates
How is being paid a salary different from being paid hourly wages?
hourly, often if not all the time falls under US ERISA and the Fair Labor Acts ...
What percentage of gross wages is taken for medicare?
It isn't taken on Gross Wages..it is taken on Medicare Taxabale Wages...which is a different calculation and different yet from FICA wages. ...
Asked in The Bible, Bible Statistics and History
What were wages in the Bible times?
Wages paid to workers in Biblical times were exactly the same as wages paid worldwide today: some workers were paid in local currency (money), while others were paid 'in kind', that is, their work was rewarded with goods, services and other entitlements. As today, many workers received a mix of money and 'in kind' payments. ...
Can you still file and collect unemployment from Indiana when you are working but have not gotten paid yet?
No. If you earned wages..you earned wages.